Fiduciary Income Tax Returns: Form 1041 Workshop
Dec 19
8:00 - 4:00 p.m.
Wyndham Philadelphia-Bucks County
Feasterville-Trevose - Map
8-Tax
CPE Credits
Highlights
- Classifying receipts between income and corpus under the Uniform Principle and Income Act
- Forgetful fiduciaries of simple trusts
- Fluctuating trusts – Simple one year, complex the next
- Calculation of DNI using a forms method (Schedule B), code method, and shortcut method
- Dividing income in the year of death
- Overview of Subchapter J
- Form preparation issues: Filing requirements and line-by-line explanations of Form 1041
- Taxable income of estates and trusts and expense allocation issues
- Specific deductions and miscellaneous itemized deductions
- Income in respect of a decedent
- Relation of principal and income law to DNI
- Understanding how to handle capital gains and losses
- Tax planning concerns and special issues
- Allocating tax items to beneficiaries: Another K-1
- Reporting in light of the net investment income tax
- Comprehensive DNI calculation case study
- Comprehensive trust case study
- Overview of an estate case study with filled-in forms
Registration
PICPA Member: $275
Nonmember: $375
More Information
Course No.
574601
Level:
Intermediate
Prerequisites:
Experience in the preparation of income tax returns
Notes
Accepted for
CFM, CFP®, ChFC, CLU, CMA, and IRS credits.
Speaker(s)
Martin Satinsky
Partner, Tax Services
Martin J. Satinsky, CPA
Course No. 574601
Level: Intermediate
Prerequisites: Experience in the preparation of income tax returns
Notes
Accepted for
CFM, CFP®, ChFC, CLU, CMA, and IRS credits.
Martin Satinsky
Partner, Tax Services
Martin J. Satinsky, CPA
